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Gearing up for development: Namibia energy conference takeaways

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Namibia's recent International Energy Conference underlines how its oil and gas resources could transform its economy and benefits its people. The conference highlighted five key themes. The country's Orange Basin continues to be a global exploration hotspot. Several more big wells are planned for later this year. On development front, TotalEnergies is progressing the Venus phase 1 project. The oil project will bring unprecedented benefits to Namibia. While oil is prioritised, the country is planning the framework for realising its gas potential.

Table of contents

  • Theme 1: Namibia remains an exploration hotspot
  • Theme 2: Namibia gears up for its first major upstream project
  • Theme 3: Local content policy is an immediate priority for the new government
  • Theme 4: Natural gas is a big opportunity, but it may come later
  • Theme 5: Governance and regulatory changes are underway

Tables and charts

This report includes the following images and tables:

  • Map: Namibia's upcoming exploration wells
  • Venus Phase 1 cashflow
  • Venus Phase 1 NPV/IRR sensitivity to oil price

What's included

This report contains:

  • Document

    Gearing up for development: Namibia energy conference takeaways

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